gas prices

The price for a gallon of gasoline could fall below $3 for most Americans by the end of the month.

Gas prices have dropped from their summer peak of over $5 per gallon, although they’re still more expensive than last year.

President Joe Biden is raising the possibility of imposing a windfall tax on oil companies if they don’t boost domestic production. This comes as his administration aims to combat high gas prices just days before the midterm elections. Biden in brief remarks on Monday accused energy companies of “war profiteering” by making record-setting profits amid the ongoing war in Ukraine....

Oil companies brought in staggering profits once again as consumers worldwide struggled with high gasoline and energy prices.

Major oil-producing countries have decided to slash output, and the law of supply and demand suggests that can only mean one thing: higher prices are on the way for gasoline.

There are steps you can take to make an old car, truck or SUV perform better, go farther and perhaps save money on fuel

What to know about the OPEC+ decision to cut production and what it could mean for your wallet.

Biden said that the hurricane “provides no excuse for price increases at the pump” and if it happens, he will ask federal officials to determine ”whether price gauging is going on.”

President Joe Biden promised the full support of the federal government to the people of Florida and warned oil executives not to use Hurricane Ian as an excuse to raise the price of gasoline.

According to Yellen, the risk of a price spike originates from the European Union’s severe cut-backs on Russian oil alongside a ban on services that allow Russia to ship oil via tanker. Without a price cap, this could cause a global spike in oil prices.

Some larger states like California, New York and Illinois are still seeing $4-a-gallon gas, however.

Drivers are finally seeing relief at the pump, with the average cost for a gallon of unleaded gas under $4 a gallon, a dramatic drop from the record $5.01 average just a few months ago. According to AAA, the current national average is $3.87 a gallon as a result of stable global oil prices and modest demand for gasoline in…

Prices are the pump have declined in Illinois, following a trend where the national average fell below $4 a gallon Thursday, the lowest level seen in months.

For the first time since March the national average for a gallon of gasoline has fallen below $4.

Gasoline prices are dropping back toward the $4 a gallon mark, their lowest point in more than five months.

Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

Consumer prices saw the biggest 12-month increase since 1981.

Gas prices have been on a slow but steady decline across the U.S. since mid-June.

The cost of some Independence Day staples like hamburgers, hotdogs and fireworks are up 20 to 40 percent over last year

Here’s what it could mean for your wallet if federal or state government temporarily suspend taxes at the pump.